Demand Letter - Debt Collection

Debt Collection

In the United States, demand letters from a debt collector relating to a consumer debt must comply with the Fair Debt Collection Practices Act.

In some cases in Canada, a demand letter is mandatory; without it, a person could lose his or her case.

Read more about this topic:  Demand Letter

Famous quotes containing the words debt and/or collection:

    Man’s pity for himself, or for his son,
    Always premising that said son at college
    Has not contracted much more debt than knowledge.
    George Gordon Noel Byron (1788–1824)

    Our society is not a community, but merely a collection of isolated family units.
    Valerie Solanas (b. 1940)